Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Crossroads (+60) - PLNSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLNSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSEK
The long-term trend has been DOWN since Mar 19th, 2020 at 2.42325
The intermediate-term trend has been UP since May 26th, 2020 at 2.38830
The short-term trend has been UP since May 21st, 2020 at 2.33470
Smart Scan Analysis for PLNSEK
Based on our trend formula, PLNSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).